A certain firm produces and sells staplers. Last year, it produced 7,000 stapler

Question

A certain firm produces and sells staplers. Last year, it produced 7,000 staplers and sold each stapler for $6. In producing the 7,000 staplers, it incurred variable costs of $28,000 and a total cost of $45,000.
The firm's fixed costs amounted to Answer $7,000. $17,000. $28,000. $42,000. A certain firm produces and sells staplers. Last year, it produced 7,000 staplers and sold each stapler for $6. In producing the 7,000 staplers, it incurred variable costs of $28,000 and a total cost of $45,000.
The firm's fixed costs amounted to A certain firm produces and sells staplers. Last year, it produced 7,000 staplers and sold each stapler for $6. In producing the 7,000 staplers, it incurred variable costs of $28,000 and a total cost of $45,000.
The firm's fixed costs amounted to $7,000. $17,000. $28,000. $42,000. $7,000. $17,000. $28,000. $42,000.

Explanation / Answer

$17,000.

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